Sunday, 8th November 2009

 

Guinness family office launches private pension fund

Iveagh, the private investment house and Guinness family office, is launching a self-invested personal pension for investors in its Iveagh Wealth Fund.

The investment house is working with Berkeley Burke SIPP Administration to launch the Iveagh Private Pension, which will be free for clients with over £25,000 already invested in the Iveagh Wealth Fund.

The Iveagh Wealth Fund targets an annual return of 10% over the long-term, according to a press release this morning.

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Sotheby's 3Q loss widens

Sotheby's third-quarter loss widened as the art auction house posted a worst-than-expected decline in revenue and a tax expense.

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347